Trading activity:
Reported 24-hour volume equals 40.82% of market capitalization. The local markets snapshot lists LBank, Binance and DigiFinex among venues with observed trading activity.
YearBull indicators:
YearBull Rank #3,511. Bull Score 23/100.
YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment.
Cycle Early. Observed price change: 24h 2.50% · 7d -4.02% · 30d -39.93%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.Data history: 90 days available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Thena (THE)?
Source description
“Inspired by the vote-escrow model from Curve and the anti-dilution mechanism from Olympus, veTHE holders control 100% of Thena’s emissions allocated to gauges and benefit from weekly rebases, reducing dilution from emissions over time. THE Model rewards long-term supporters, and aligns stakeholders interests by incentivizing fee generation.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Thena (THE) FAQ
How does veTHE influence Thena’s emissions allocation?
The project states that veTHE holders control 100% of Thena’s emissions allocated to gauges. In practice, this places emissions direction in the hands of users who hold the vote-escrowed form of THE, allowing them to influence which gauges receive emissions. The project does not specify the voting schedule, gauge-selection process, or requirements for participating in these decisions.
How are weekly rebases intended to address dilution for veTHE holders?
Thena presents weekly rebases as a mechanism designed to reduce dilution caused by emissions over time. The stated rationale is that veTHE holders receive periodic rebases, helping their position keep pace as new THE tokens are emitted. The project does not specify the rebase formula, eligibility conditions, or how the adjustment is calculated for individual holders.
What role does the THE Model play in Thena’s incentive design?
The project says its THE Model rewards long-term supporters and seeks to align stakeholder interests with fee generation. This suggests that users who remain committed over longer periods are intended to receive incentives linked to activity producing fees. However, the project does not specify the full reward formula, the relevant fee sources, or how rewards are distributed among different stakeholder groups.
Which mechanisms does Thena say inspired its token model?
Thena states that its design draws inspiration from Curve’s vote-escrow model and Olympus’s anti-dilution mechanism. The first influence is reflected in veTHE holders directing gauge emissions, while the second is associated with the project’s emphasis on reducing dilution through rebases. These are presented as design inspirations; the project does not specify how closely its implementation matches either model.
How does fee generation connect to Thena’s stakeholder incentives?
According to the project, its incentive structure is intended to align stakeholder interests by encouraging fee generation. The stated model links long-term participation and rewards with activity that produces fees, rather than focusing only on token emissions. The project does not detail which participants qualify as stakeholders, what activities generate the relevant fees, or how those fees affect individual rewards.
Thena metric comparison
This comparison is a stored snapshot generated 2026-10-22 06:30 UTC from 292 daily observations available from 2025-12-30 through 2026-10-22. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$0.0544
$0.0829
$0.0539
-34.4%
n/a
Market cap
$7.46M
$11.47M
$7.29M
-34.9%
P83.2
YearBull Rank
#2,795
#328
#1,838
Lower by 2,467
P67.2
Bull Score
26/100
55/100
32/100
-29.0 pts
P18.9
Turnover
53.70%
55.95%
49.13%
-2.3 pts
P95.5
YB Market Risk
Low
Low
Low
Unchanged
n/a
Cycle
Early
Early
Early
Unchanged
n/a
Median absolute daily movement 2.52%; distance from the highest local daily price -81.3%; circulating supply change +12.8%. These measurements are descriptive and do not predict future direction.
YearBull Rank overview
Newest YearBull Rank value for thena: #3511.
Rank timeline (last 365 days)
Rank movement (time windows).
Reading rule: rank #120 sits higher than rank #200.
7d window (2026-10-20): #2900 → #3511 (down by 611).
30d window (2026-09-27): #271 → #3511 (down by 3240).
YearBull Rank is a comparative ordering used on YearBull to place a coin versus others using a consistent set of inputs. It is meant for comparison and tracking, not certainty.
Risk read: the same move can be stable in one market and fragile in another.
Market depth: liquidity often shows up as how easily the rank holds its gains.
Venue read: a tightened venue set can reduce variance or increase it.
Cycle read: recent movement can fit a transition rather than a clean trend.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
Stored venue snapshot. Markets last checked: 2026-09-22. Next refresh window: around 2026-12-21. Venue listings and volumes are stored snapshots, not live quotes.
